HomeMy WebLinkAboutRES-1997-063 Resolution for Economic Development Funding by the General Assembly RESOLUTION 97/98 a b
BY
ORANGE COUNTY
WHEREAS, in North Carolina the Lead Regional Organizations, as voluntary
organizations serving municipal and county governments, have established productive
working relationships with the cities and counties across the state; and
WHEREAS, the General Assembly continued to recognize this need through the
appropriation of$864,270 to help the Lead Regional Organizations assist local
governments with grant applications, economic development, community development,
and to support local industrial development activities and other activities as deemed
appropriate by their local governments; and
WHEREAS, these funds are not intended to be used for payment of members'
dues or assessments to Lead Regional Organization or to supplant funds appropriated
by the member governments; and
WHEREAS, in the event that a request is not made by a unit of government for
release of these funds to our Regional Council, the available funds will revert to the
State's General Funds; and
WHEREAS, in Region J funds in the amount of$48,015 will be used to carry out
the economic development plan approved by the COG Board of Delegates and
especially to improve the economy of the counties and towns of the Region by
strengthening ties to, and consequently, the benefits of the Research Triangle Park.
NOW THEREFORE BE IT RESOLVED, that ORANGE COUNTY requests the
release of its$6961.04 share of these funds to the Triangle J Council of Governments
at the earliest possible time in accordance with the provisions of section 16.5 of Senate
Bill 352, the 1997 ratified budget bill. Adopted this ISI day of 1997 at.
by:
• (signature) SEAL
i f E ected Official
ignature)
Witness